American General Insurance Co. - 1960's dated Stock Certificate - Bought Out by AIG in 2001 - Multicolored Vignette of George Washington on Horseback

General Stock. Superb multicolored vignette of George Washington on a horse. Less than a dozen types of multicolored American stocks known!! Available in Blue or Green. Please specify color. Founded by Gus Sessions Wortham.

Gus Sessions Wortham (February 18, 1891 – September 1, 1976) was a prominent businessman and civic leader in Houston, Texas. He was born on February 18, 1891, in Mexia, Texas, to John Lee Wortham and Fannie Sessions. He relocated to Houston with his father and established John L. Wortham and Son, an insurance agency. Eleven years later, he co-founded the American General Insurance Company alongside Jesse H. Jones, James A. Elkins, and John W. Link. On August 29, 2001, American General was acquired by American International Group.

American International Group, Inc. (AIG) was established on December 19, 1919, when Cornelius Vander Starr (1892–1968) set up a general insurance agency, American Asiatic Underwriters (AAU), in Shanghai, China. The business expanded rapidly, and within two years, Starr initiated a life insurance division. By the late 1920s, AAU had established branches across China and Southeast Asia, including the Philippines, Indonesia, and Malaysia. In 1926, Starr inaugurated his first office in the United States, known as American International Underwriters Corporation (AIU). He also sought opportunities in Latin America, and in the late 1930s, AIU made its entry into Havana, Cuba. The consistent growth of the Latin American agencies became crucial as it helped to counterbalance the decline in business from Asia due to the looming World War II. In 1939, Starr relocated his headquarters from Shanghai, China, to New York City.